The feasibility and degree of globalization is determined by the

Question

Quizplus · Accepted Answer

The degree of similarity among the various environmental and market conditions plays a crucial role in determining the feasibility and degree of globalization. Globalization is easier when the environmental and market conditions are similar across countries, making it less costly to adapt products, marketing strategies, and managerial practices to foreign markets. In contrast, large differences in market conditions, such as language, culture, or legal systems, can complicate the process of globalization, making it less feasible to expand globally. Thus, B is the best choice because it highlights the importance of environmental and market conditions in determining globalization. The other options (A, C, D, and E) are too narrow or irrelevant to capture the complexity of globalization.

The Feasibility and Degree of Globalization Is Determined by the